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A comment on Bitcoin passes $120k milestone as US Congress readies for 'crypto week'.

Re:Bitcoin passes $120k milestone as US Congress readies for... by kupfer on Monday July 14, 2025 @06:37AM (#44558442)
I wish people would gamble with something other than a proof-of-work coin. There are very similar alternatives now. When bitcoin rises, more money is spent on mining. Whoever holds bitcoin is in part responsible for this waste of energy.
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Re:Bitcoin passes $120k milestone as US Congress readies for... by TrackerFF on Monday July 14, 2025 @08:02AM (#44559124)
I wish people would rather invest in companies, than parking their money in crypto.
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Re:Bitcoin passes $120k milestone as US Congress readies for... by dnpp123 on Monday July 14, 2025 @08:51AM (#44559616)
Why is that? If you invest in a company, you steal worker wages.
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Re:Bitcoin passes $120k milestone as US Congress readies for... by ujkhsjkdhf234 on Monday July 14, 2025 @09:20AM (#44559873)
You're going to have to explain that one.
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Re:Bitcoin passes $120k milestone as US Congress readies for... by dnpp123 on Monday July 14, 2025 @09:24AM (#44559931)
https://theanarchistlibrary.org/library/pierre-joseph-proudh...
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Re:Bitcoin passes $120k milestone as US Congress readies for... by ujkhsjkdhf234 on Monday July 14, 2025 @09:30AM (#44560014)
I'm not reading all that.
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Re:Bitcoin passes $120k milestone as US Congress readies for... by robocat on Monday July 14, 2025 @03:29PM (#44564303)
Outside of the US it isn't that easy.

With the current US administration I haven't been that keen to be invested in US shares either.

And I attempt to be somewhat ethical in my investments - that really limits my options.

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Re:Bitcoin passes $120k milestone as US Congress readies for... by FabHK on Monday July 14, 2025 @07:09AM (#44558730)
Absolutely. 1% of world electricity, with the waste approximately proportional to the Bitcoin price (due to medium term market forces) modulo halvings, of course.
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